E.on

E.ON is one of Europe's biggest energy utilities, built around regulated electricity grids and the supply of power and gas to millions of homes and businesses. After swapping most of its power-generation assets for RWE's networks and retail operations, it has become a cleaner play on the infrastructure that carries energy rather than the volatile business of producing it. That regulated backbone gives E.ON predictable, inflation-linked earnings and underpins a steady dividend the company aims to raise modestly each year. The stock offers a solid yield with defensive characteristics, making it a classic income holding for investors who prize stability over rapid growth.